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Old 05-27-2005, 03:42 AM
Tuco Tuco is offline
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Join Date: Sep 2002
Posts: 119
Default Re: How is gambling taxed in Canada?

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You say my advice is bad? My advice saying don't worry about the taxes?

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Dude, someone asked if they should MOVE to Canada because poker winnings in non-taxable. Just because he might not get caught, telling him not to worry and MOVE here is not good advice.

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Unless there is a major shift of policy and focus by revenue Canada, poker players need not worry about filing taxes.

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If the CRA does the expected and starts enforcing, do you think they might go back a few years and look under the hood? "...need not worry" seems like some seriously bad advice. Unless you have no problem handing over a check for a large amount of money, not to mention the legal fees to keep you out of some serious hot water.

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I would bet that there is noone on this forum who is better qualified than he on the topic

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I'd like to make this bet. TorontoCFE is probably the most qualified in Canada, never mind this board.

Please refer to his most recent post where he also tells you that your advice is bad.

Tuco.
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